AGMARDT provides funding for businesses and industry groups to develop and evaluate innovative ideas to a stage where they can attract other funding for further development through to commercialisation.

Agribusiness Innovation Grants provide an opportunity for applicants to:

  • pursue ‘on the edge’ ideas that can transform a business or industry;
  • gain a better understanding of world class best practices;
  • speed up innovation and respond quickly to opportunities; and
  • promote industry led innovation and collaboration linking science, producers, processors and marketers

Agribusiness Innovation Grants are available in the following two categories

  1. AIGs Less than $20k
    Seed funding grants of up to $20,000 are available to applicants, without co-funding, for activities such as validation, prototyping, demonstration or investigation purposes.
  2. AIGs greater than $20k
    Grants of up to $200,000 are available for businesses, researchers and industry groups to develop and evaluate innovative ideas to a stage where they can attract other funding for further development through to commercialisation.

AGMARDT funds New Zealand-based research providers to undertake new and innovative projects that will benefit the agribusiness sector.

It is expected that the applicant/group will provide a minimum of 40% cash funded contribution of the total project cost.

Investments made in Agribusiness Innovation Grants are targeted in areas that encourage and support innovative solutions that benefit the food and fibre grower.

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